Terex Corporation Dividends
The next dividend date for Terex Corporation has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Terex Corporation (TEX)
More About Terex Corporation
Terex Corporation provides materials processing machinery and mobile elevating work platform worldwide. The MP segment offers crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, MARCO, MAGNA, Green-Tec, and Terex Recycling Systems brands. Its products are used in construction, infrastructure, and recycling projects; quarrying, mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The AWP segment provides aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands; and portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, transmission and distribution lines, construction and foundation drilling applications, commercial operations, and tree trimming and various infrastructure projects. The ESG segments offers refuse collection bodies, hydraulic cart lifters, automated carry cans, compaction, balers, recycling equipment, and cameras under the Heil, Marathon, 3rd Eye, Soft-Pak, Connected Collections, Parts Central, Curotto-Can, and Bayne Thinline brands; and waste hauler software solutions. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. The company was founded in 1933 and is based in Norwalk, Connecticut.
Owning Terex Corporation Stock on the Dividend Date
If you own Terex Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Terex Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Terex Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Terex Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Terex Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Terex Corporation Dividends
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